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The vision of the green economy SP/Di No 01-12 in Latin America and the Caribbean 47 V. PROPOSALS AND RECOMMENDATIONS TO SUPPORT THE TRANSITION TOWARDS A GREEN ECONOMY IN LATIN AMERICA AND THE CARIBBEAN Latin America and the Caribbean should embark upon a green economy. It seems that there is no better choice for sustainable growth. There is widespread consensus about the fact that a coal-based economy is reaching the limit and its effects on the people’s quality of life have exacerbated the levels of poverty and inequity in LAC. The region counts on inputs in the energy sector to achieve this goal. To that end, the State direct involvement is required through a number of public policies intended to galvanize and enliven the transition. Nevertheless, transition towards a green economy is not enough; there is the need to make it all-inclusive. LAC cannot go ahead without bridging the inequity gap. Passage from a brown economy to a green economy will mean adjustments that could cause unemployment as a result of turning the activities of the carbon-intensive production into an economy based on a technology favouring renewable energy sources. The transition is likely to be onerous for the underprivileged. Therefore, the State should make policies to ensure job adjustments and training so that the labour force is able to work in a green economy. Importantly, also, care should be taken of some sectors that could lose their road serviceability (fossil fuel-intensive sectors) following the adoption of new technologies and cleaner energy sources. The following is a set of proposals made by the Permanent Secretariat of SELA for the region to have more food for thought. Particularly, bearing in mind the characteristic features of the whole region and individual countries, as well as their potential, is most relevant and urgent in order to make headway with a green economy as effectively as possible based on their own potential and the inclusion in their programs and policies of the concept of green economy. The proposals made by the Permanent Secretariat of SELA in this paper to support the region aim at promoting discussion and the making of long-term policies and programs with a high impact. The following action areas have been pondered: 1. Inventory of the basic constituent elements of a green economy. Contrast definitions and concepts of green economy and green growth with their regulatory and positive definitions and provide elements able to support a redistributive green economy in the region. 2. Outline of a green energy matrix in the region in order to make policies in furtherance of transition toward a redistributive green economy. Undoubtedly, this will be the basic component as an input so that each country in the region can turn into a green economy. Counting on such a matrix will also help identify public policy efforts to be made, in both regulations and required investments. Likewise, countries with the best green energy matrix could develop their sectors to take part in the transition of other countries, giving them business and employment opportunities. 3. Preparation of a report on the natural capital in LAC and its ties to the carbon energy sector, in order to pinpoint the regional potential towards a green economy. 4. Definition of thematic areas and projects where the comparative advantages of individual countries and the whole region can be summed up to make proposals on the adoption of schemes for a green economy.PDF Image | green economy In Latin America and the Caribbean
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